The Islamic Development Bank

Islamic Development Bank-backed projects led to 14% increase in Egypt’s energy capacity bet. 2012/2022

Wed, 14 Aug 2024 - 12:00 GMT

The IsDB contributed nearly 4,000 megawatts to this growth through 19 approved projects worth $2.02 billion

Egypt, IsDB probe boosting cooperation

Thu, 23 Jan 2020 - 01:03 GMT

The cooperation between Egypt and the bank falls within the framework of a three-billion-dollar strategics partnership deal effective till 2021.

ICD invests $230M in various sectors in Egypt

Sun, 14 Apr 2019 - 12:03 GMT

These investments included up to $75 million in the food industry and $75 million in the renewable energy in Benban Power Station.

IsDB Group allocates $3B to support Egypt’s development projects

Thu, 05 Apr 2018 - 08:12 GMT

The Islamic Development Bank (IsDB) Group has allocated $3 billion over three years for its new cooperation strategy with Egypt (2018-2020).

IDB to offer Tunisia $625mn loan

Tue, 26 Sep 2017 - 04:36 GMT

The Islamic Development Bank has vowed to grant Tunisia a loan worth 625 million dollars until 2020 to fund infrastructure projects in the Arab country.

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